1

Combine chips in double boiler and heat until mixture is smooth. Remove from heat. Add powdered sugar and peanuts. Mix well. Chill until firm enough to shape. Roll ¾" balls and set aside.

2

Preheat oven to 400 degrees F.

3

In large bowl, combine flour, butter and vanilla; knead until well blended. Shape into one 11" log; cut into ¼" slices. Shape each dough slice around filling. Roll into ball and place on ungreased cookie sheet.

4

Bake for 10 minutes. Cool. Roll in powdered sugar.